CleanDefi (CDFI)

The Best Swap Rates with its Innovative AMM Scanning Module

Review Score
ICO Price
0.3 USD
Pre ICO Price
Soft Cap
56700000 USD
Hard Cap
600000000 USD
Start Date
8 May 2022
End Date
31 May 2022

What is CleanDefi?

CleanDefi is a DEX aggregator and DEFI platform with own scanning module, which retrieves the exchange rates among all Solana liquidity pools to provide optimal exchange rates to users. CleanDefi is an automated liquidity protocol powered by a constant product formula and implemented in a system of smart contracts on Solana blockchain. To mitigate impermanent loss and incentivize liquidity providers, CleanDefi uses a stakeholder model that pays liquidity providers a percentage of all trading fees and rewards users with platform-specific tokens that can become highly valuable assets in their own right. In liquidity pools token pairs must maintain equal total values. This balance of equal values is managed by the formula: x*y = k. ⠀

CDFI is the native utility token that is used for: ⠀

  • Fees for processing transactions and storing data.
  • Users who wish to receive full liquidity mining rewards are required to hold 10% of their net deposit as CDFI in order to earn 100% reward emissions, otherwise rewarded emissions are halved by 50%.
  • Used for governance votes to determine how network resources are allocated.

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